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Clean Energy Technologies Priced, Nasdaq: CETY

Develops waste heat recycling and waste to energy systems.

Industry: Industrials

Latest Trade: $0.73 +0.06 (+8.6%)

First Day Return: 0.0%

Return from IPO: -83.2%

Industry: Industrials

We develop renewable energy products and solutions and establish partnerships in renewable energy that make environmental and economic sense. Our mission is to be a leader in the “Zero Emission Revolution” by offering recyclable energy solutions, clean energy fuels and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. We target sustainable energy solutions that are profitable for us, profitable for our customers and represent the future of global energy production. We recycle wasted heat produced in manufacturing, waste to energy and power generation facilities using our patented Clean CycleTM generator to create electricity which can be recycled or sold to the grid. We convert waste products created in manufacturing, agriculture, wastewater treatment plants and other industries to electricity, renewable natural gas (“RNG”), hydrogen and bio char which are sold or used by our customers. We have expanded our legacy electronics and manufacturing business and plan to manufacture component parts for our Waste Heat Recovery and Waste to Energy business and to provide consulting services to municipal and industrial customers and Engineering, Procurement and Construction (EPC) companies so they can identify, design and incorporate clean energy solutions in their projects.
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IPO Data
IPO File Date 07/11/2022
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.0
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/22/2023
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.0
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Craft Capital Management
R.F. Lafferty & Co.
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Company Data
Headquarters Costa Mesa, CA, United States
Founded 1995
Employees at IPO 11
Website www.cetyinc.com

Clean Energy Technologies (CETY) Performance